Featured corridor
CHN to USA$7,783.69Corridor Price and Signal Monitor
Trade prices for of iron or steel
A reported trade view for HS 731940, with available observations through 2024.
Explore this productTracked corridors
100Price observationsLatest price year
2023Available coverageLatest global trade
$144.0MYear: 2024Reported observations
Latest corridor price evidence
This table compares the latest available unit value across individual exporter-to-buyer corridors. The difference is measured against the buyer market's median unit value.
| Year | Route | USD per ton | Market median | Difference | Quantity |
|---|---|---|---|---|---|
| 2023 | China to USA | $7,783.69 | $29,483.87 | -73.6% | 1,581.8 t |
| 2023 | Japan to Indonesia | $20,332.1 | $26,841.39 | -24.3% | 309 t |
| 2023 | China to Indonesia | $2,850.45 | $26,841.39 | -89.4% | 1,388.1 t |
| 2023 | USA to Canada | $658,534.65 | $59,500 | +1,006.8% | 5.1 t |
| 2023 | China to India | $9,114.8 | $31,897 | -71.4% | 366.4 t |
| 2023 | USA to Republic of Korea | $712,299.55 | $153,298.16 | +364.6% | 3.8 t |
| 2023 | Thailand to Indonesia | $16,409.77 | $26,841.39 | -38.9% | 155.5 t |
| 2023 | China to Bangladesh | $4,624.92 | $17,979.44 | -74.3% | 525.3 t |
| 2023 | USA to Indonesia | $23,493.45 | $26,841.39 | -12.5% | 99.2 t |
| 2023 | Other Asia, nes to USA | $8,904.62 | $29,483.87 | -69.8% | 238.9 t |
| 2023 | Malaysia to USA | $10,418.57 | $29,483.87 | -64.7% | 203.3 t |
| 2023 | China to Malaysia | $4,209.72 | $11,666.67 | -63.9% | 497.7 t |
| 2023 | Singapore to Indonesia | $23,790.99 | $26,841.39 | -11.4% | 87.8 t |
| 2023 | Singapore to Malaysia | $31,411.52 | $11,666.67 | +169.2% | 63.8 t |
| 2023 | China to Thailand | $21,839.53 | $32,351.15 | -32.5% | 90.8 t |
| 2023 | Thailand to South Africa | $17,397.16 | $30,600 | -43.1% | 109.8 t |
| 2023 | China to Egypt | $5,410.44 | $26,000 | -79.2% | 321.4 t |
| 2023 | China to Germany | $9,039.76 | $26,472.22 | -65.9% | 191.6 t |
| 2023 | China to Philippines | $4,148.93 | $99,861 | -95.8% | 411.8 t |
| 2023 | China to Canada | $15,733.72 | $59,500 | -73.6% | 107.2 t |
| 2023 | Malaysia to Germany | $27,562.7 | $26,472.22 | +4.1% | 59.5 t |
| 2023 | Republic of Korea to USA | $28,056.31 | $29,483.87 | -4.8% | 57.8 t |
| 2023 | Japan to USA | $12,684.68 | $29,483.87 | -57% | 124.5 t |
| 2023 | United Arab Emirates to Saudi Arabia | $2,352.27 | $51,248.95 | -95.4% | 632.5 t |
| 2023 | Italy to Indonesia | $24,266.38 | $26,841.39 | -9.6% | 59.9 t |
| 2023 | China to Japan | $11,614.04 | $72,000 | -83.9% | 115.9 t |
| 2023 | Japan to China | $54,560.64 | $48,957.75 | +11.4% | 24.3 t |
| 2023 | China to Mexico | $4,644.26 | $23,924.81 | -80.6% | 281.5 t |
| 2023 | Germany to Indonesia | $42,340.3 | $26,841.39 | +57.7% | 29.1 t |
| 2023 | Brazil to United Arab Emirates | $1,007,561.92 | $19,489.42 | +5,069.8% | 1.2 t |
| 2023 | Malaysia to Singapore | $15,056.01 | $31,000 | -51.4% | 75.8 t |
| 2023 | Japan to Canada | $576,360.63 | $59,500 | +868.7% | 2 t |
| 2023 | China to Algeria | $4,855.09 | $45,942.31 | -89.4% | 233 t |
| 2023 | China to Turkey | $2,299.95 | $17,025 | -86.5% | 470.5 t |
| 2023 | Other Asia, nes to Singapore | $99,168.34 | $31,000 | +219.9% | 10.6 t |
Market reading
How do of iron or steel corridor prices compare?
The featured reported corridor is China to USA, with a unit value of $17,717.17 per metric ton.
How to use this view
Start with the leading rows in the first table, then use the chart to compare unit values across the reported corridors for of iron or steel. The second table adds a related reported comparison.
Coverage extends to 2024. Missing values are shown as not reported.
Further comparison
Featured corridor trade history
This table follows the featured corridor across years. It shows route trade and growth; the chart above shows unit value for the years where price data is reported.
| Year | Route trade | Year-on-year change | 3-year growth |
|---|---|---|---|
| 2010 | $9.7M | +20% | +6% |
| 2011 | $9.5M | -2.9% | +0.2% |
| 2012 | $10.4M | +10.2% | +8.7% |
| 2013 | $9.9M | -5.2% | +0.5% |
| 2014 | $9.9M | -0.1% | +1.5% |
| 2015 | $9.9M | +0.5% | -1.6% |
| 2016 | $8.7M | -12.1% | -4.1% |
| 2017 | $8.6M | -1.2% | -4.5% |
| 2018 | $7.7M | -11% | -8.2% |
| 2019 | $7.5M | -2.6% | -5% |
| 2020 | $7.0M | -6% | -6.6% |
| 2021 | $8.4M | +19% | +2.9% |
| 2022 | $11.1M | +32.7% | +14.1% |
| 2023 | $10.4M | -6.1% | +14% |
| 2024 | $10.3M | -1% | +7.3% |
Explore related views
Continue with another perspective on this product.
Latest observed year: 2024. Page updated 2026-08-14.
Source and date
Reported merchandise-trade observations for HS6 products. Coverage shown on this page: 1995-2024. Updated 2026-08-14.
Definitions
Trade value is reported in current US dollars. Unit value is trade value divided by reported quantity and is shown per metric ton where available. Growth is an annualized or year-on-year calculation from reported values.
Reading the data
“Not reported” means a value was not available for this view. Values can be revised as reporting is updated. See the methodology for coverage and classification details.
